Does anyone know if there is a software or service that is a Low cost option for Cost Segregation? I understand that there is such a service/software that is enough to meet IRS standards without an actual appraiser g...
Foreclosure rescue scams, also known as forensic loan audits, are still alive and well. In a loan modification scam, a forensic attorney or CPA, agrees to review mortgage loan documents in exchange for a fee. These...
Finally, my first post - As noted in the title, I am an Ohio-licensed CPA investigating whether I could offer a cost segregation service. As part of my due diligence in entering this market, I am looking for excellen...
Hi - I wanted to do a cost segregation study on my property - what is be best and cheapest option to do one? Is there an online DIY place I can do it?Thanks
Came across the concept of real estate professional recently and was curious if anyone had elected to pursue this status. I understand the time requirements and being part time the 50% shouldn't be an issue. Just cu...
I recently purchased a house at the court house steps in Baldwin county Alabama. I purchased it with a 50% partner. After we sell the house can I put my portion of the money into a 1031 exchange for the next deal? and...
I've recently had my accountant do my 2008 income taxes and I was surprised that he informed me that I could not take deductions for my real estate investment training that I purchased in 2008. A big one was the Rich...
Hi I am CA resident and invested in two syndicate deals over the past two years. The syndicate property are located in GA and AZ. despite the loss each year, I have been e-filing state tax separately for GA and AZ. ...
I recently purchased a performing senior lien. While the audit was being performed by my servicing company they found that the loan was not escrowed for taxes and insurance at origination. They went on to inform me th...
A lot of real estate investors are worried about a crash due to the extreme market rises we have seen in both rents and in appreciation.I am not sure if I am an outcast on this subject but let me give you my advice on...